Cities
Western Wealth Buys Las Vegas Apartments for $39M
San Michele Apartment Homes last sold in late 2015 for $13.4 million.
JV Kicks Off Cleveland-Area Senior Housing Project
The 108-unit assisted living and memory care community in Shaker Heights is slated for a late 2022 completion.
Gelt Pays $55M for Los Angeles Asset
A CBRE Global Investors-sponsored fund financed the acquisition loan for the Long Beach property.
KKR Expands Phoenix Footprint With High-End Purchase
The deal brings the company’s portfolio in the metro area to more than 2,600 units.
Alagem, Cain Unveil $2B Beverly Hills Luxury Project
The 1.4 million-square-foot development is expected to be completed by 2026.
Passco Cos. Buys Atlanta Apartments
Transwestern Real Estate Services brokered the sale of the garden-style property.
Oxford Properties Acquires Phoenix-Area Community
The 285-unit property in Scottsdale marks the firm’s second purchase in the metro this year.
Phoenix Multifamily Report – Summer 2021
The metro’s average rent was up 8.1 percent year-over-year through April.
KeyBank Secures $105M for San Antonio Affordable Projects
The NRP Group’s developments will add more than 660 units to the metro’s inventory.
ZMR Capital Grows Atlanta Portfolio With $40M Buy
The 348-unit property marks the buyer’s third acquisition in the metro over the last three years.